<span>Free Enterprise System is another name for market economy, also known as capitalism, where people are free to become entrepreneurs and own and operate an enterprise (business).</span>
Which declarations are you talking about?
Answer:
the marginal benefit of defense goods outweighs the marginal cost
Explanation:
In response to the terrorist attacks of September 11, 2001, the government decided to allocate more resources toward defense goods. The government's decision reflects their assessment that t<u>he marginal benefit of defense goods outweighs the marginal cost.</u>
In utility in economics, once the marginal benefits of buying an item outweighs the marginal cost of the item, you buy it. After the September 11, 2001 attack, the United States government found a need to increase the defense budget to prevent further attack. It can be concluded that the marginal benefit derived from increased defense spending outweighs the cost.
Based on the findings of the study that Dr. Lesgold conducted, the conclusion that he could fairly draw is that the Students' achievement in regards of their test scores can be predicted by basing it on the type or kind of school that the students attend to. In which we could see on the scenario above that the students from private school perform better than those who reside in the public school.
